"A wide variety of economic problems lead to differential, difference, and integral equations. Ordinary differential equations appear in models of economic dynamics. Integral equations appear in dynamic programming problems and asset pricing models. Discrete-time dynamic problems lead to difference equations."

Quote Details

Added by wikiquote-import-bot
Added on April 10, 2026
Unverified quote
0 likes
Original Language: English

Sources

Imported from EN Wikiquote

https://en.wikiquote.org/wiki/Mathematical_economics